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TELEGRAPH S & L ASS'N v. FEDERAL S & L INS. CORP.

No. 80 C 2792.

564 F.Supp. 880 (1982)

TELEGRAPH SAVINGS AND LOAN ASSOCIATION, et al., Plaintiffs, v. FEDERAL SAVINGS AND LOAN INSURANCE CORPORATION, et al., Defendants.

United States District Court, N.D. Illinois, E.D.

February 19, 1982.

Attorney(s) appearing for the Case

Baker & McKenzie, Chicago, Ill., for plaintiffs.

Roger Flahaven, Michael J. Hayes, Jerome Webb, Asst. Attys. Gen., William J. Scott, Atty. Gen., Chicago, Ill., for Schilling.

Jeremiah Marsh, Robert W. Patterson, Michael F. Duhl, John L. Rogers, III, Peter F. Lovato, III, Hopkins, Sutter, Mulroy, Davis & Cromartie, U.S. Atty. Thomas P. Sullivan, Asst. U.S. Atty. Mary Ann Mason, Chicago, Ill., for FSLIC and Federal Home Loan Bank Bd.

MEMORANDUM OPINION

GRADY, District Judge.

This is an action brought by Telegraph Savings & Loan Association ("Telegraph" or the "Association") to remove the Federal Savings & Loan Insurance Corporation ("FSLIC") as receiver of its assets and to obtain equitable and monetary relief for harm suffered as a result of the sale of those assets. The complaint is in ten counts and alleges causes of action under a variety of state and federal statutes and...

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